Thread: Investing 102
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Old 10-01-2014, 07:06 AM
XLexusTech XLexusTech is offline
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Quote:
Originally Posted by GregWeld View Post
The funny part is that the "O" in options was the original Microsoft "blibbet" (which only early MSFT people would recognize)... and the "Options" was for the MSFT options we had... and the boat gave us "options" other than sitting at home. Nobody got it - everyone thought I was an Options trader.
Continuing the boat theme .. When my brother retired as a fund manager he left with a bunch of what they called "Deferred compensation". Part of his plan was to establish primary residency in Fla.. which is free of state income tax... He did everything right but still ended up in court defending his freedom from state income which totaled approaching 6 figures in state tax.. He won... purchased and 32 foot Boston whaler outrage... Named it "Happy Returns" for the tax return he eventually got which was 100% of the money back...
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